Company Interview / A downgrade for one of Rudi's favourite stocks

Rudi Filapek-Vandyck from FN Arena shares insights on broker moves. He discussed Technology One's (ASX:TNE) strong performance, yet notes a divided market on its valuation. Some brokers target $35, while others suggest prices in the high 20s, leading to mixed recommendations.

Rudi highlights Orica's (ASX:ORI) rejuvenation, noting positive analyst forecasts and multiple upgrades. The engineering sector, especially those supporting mining, experiences upward momentum and growing enthusiasm. Companies like Delphos similarly benefit from this positive trend.

On Fleet Partners (ASX:FPR), Rudi observes growth despite challenges in the battery materials sector. Brokers unanimously recommend buying as Australia increasingly embraces EVs. The legacy of Covid and high second-hand vehicle costs still impacts, but optimism grows in the EV market.